Sunday, August 30, 2015

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Mon – Tuesday  range Astro Range
Reference till  25th September  …!!!


Outlook for Week :: (31.08.2015 to  04.09.2015)

NIFTY :: 8002 (-298)

Nifty lost more than 3.50’% in view of the Yuan Depreciation , which has affected the entire world market.                  

Mon – Tues day’s market reference range would bw rhw reference range till 25 th September nad it would be bullish above the high and bearish below the Low of the range.

20DMA, 50DMA, 100DMA and 200 DMA are placed at about 8327,, 8413,, 8352 and 8403 respectively and would act as supports / resistances. Nifty is trading  below  all   the  averages  which is a matter of  concern.
While Nifty continues to trade above  the  200 DMA and 50 DMA too is  above  200 DMA (Golden Cross) suggesting that the Bullish   trend is   in    tact.

Medium term would once again turn bullish only if Nifty is able sustain above 8550 for about Two weeks. Nifty would face  resistance around 8300, above which it will have real bullishness and has strong support around 7600 too. .

Technical Levels for the Week::

Bullish above 8075 with resistance at 8150, 8225, 8300
Bearish below 7925 with Supports at 7850, 7775, 7700

Breakout level 8075 Breakdown level 7600

Advice for Traders ::

Weekly Open level is very important for the entire week.
Long  positions may be considered  as long as it maintains above
the Last week’s High.

Planetary Position
During the current week Moon would be transiting  from  Aquarius 4th Pada in
Pisces  to Krittika 3rd Pada in Taurus.
Sun transits in  Poorvashadha 1st Pada   toPoorvashadha 2nd Pada.
Mercury   transits  in Hastha 1st Pada to   to . Hastha 2 nd Pada. .. . .
Venus transits in Retro motion in  Aslesha in 2nd  Pada to aslesha 2nd PAda.4th  Pada  from 25th July to 6th September.
Mars transits in  Aslesha 2 nd Pada Pushyami  4th Pada.  to  Aslesha  1st Pada..
Saturn moves into Direct motion and transits in   Anuradha constellation in Scropio sign in 1st Pada  and in Leo Navamsa .
Jupiter ,, transits in  Leo in Makha constellation in 4th    Pada  in Taurus  Navamsa. To  Makha 3rd PAda in Gemini  .Navamsa.
Rahu and Ketu continue their transit in Virgo and Pisces respectively.
From Next week onwards,Venus would  change its direction .

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